RepAI Raises $8.2M to Enhance AI Sales Concierge for E-commerce Shops
RepAI is focused on transforming the e-commerce experience for Shopify merchants by increasing sales, reducing support tickets, and enhancing overall customer satisfaction.
Company Name: RepAI
Location: Tel Aviv, Israel
Sector: AI Sales Concierge, E-commerce
Funding Details: Raised $8.2 million in funding led by Osage Venture Partners (OVP) with participation from Flashpoint Venture Capital.
Purpose of Investment: The company plans to use the funds for further development of its commerce sales tool, enhancing its capabilities to drive conversion rates and improve customer engagement for e-commerce merchants.
Product and Innovation: Led by CEO Yoav Oz, RepAI offers an AI sales concierge specifically designed to improve conversion rates for Shopify merchants. Utilizing advanced Behavioral AI and powered by ChatGPT, RepAI learns and mimics each brand’s unique voice, providing personalized guidance to shoppers and helping to turn browsers into buyers. The AI concierge continuously scans catalogs to stay updated and offers seamless integration with Shopify and popular post-sale apps like Gorgias, Klaviyo, Zendesk, and Yotpo.
About the Company: RepAI is focused on transforming the e-commerce experience for Shopify merchants by increasing sales, reducing support tickets, and enhancing overall customer satisfaction. The company serves a diverse range of customers, including brands like Underoutfit, Fuller Brush, Harney & Sons, and many others, helping them to optimize their online shopping experience and improve their bottom line.